HomeMy WebLinkAbout1211 3. To piace and continvousiy keep on thr bui:dings now on c~reai~er ei~uats on so~d land a~+d on a~l equ+{Nnent and pe~sonally cove?ed by lhis maty
ege, with ali prem~umi ihEreoe pa:d i~ fu:l, fire ins:,rancr ~n ~he uw~l sandard po~~cy lo~m, in a wm approved by the MORivAGEE, and w~~d~twm
lnnursnte in the usual s~andard po~~ty fam, in a sum approved by ihe 1NORTGAGEf, in such tompany w to+npan~es the MORTGAGEE may
d~rect; and all ti~s and windsto~m insurnnce po~~ue: on a~ry o( sa~d bu~~d~~+gs, any inferest therein ar parl thereof, in the ~gg~eg+~~ tum afaesaid or
in excess ~hereaf, shall coneain the u:ual sta~:dard mor~gagee ciause or s~ch o~ha~ c~ause as the Ma~ga~ea may req~~~s, mak~np ~he loss under sa~d po~i- ~
c~es, esch and every, payab~e ~o sa~d 1V71ORTvAGEE as ~ts ~n~cr~~st may appear, a~d each ~nd every such po!rcy ahal! be promp+ly ass gnea and de~~vered ~o ~r""~
eny heid by sa~d MORIGAGEE ss fur~hcr secui~ry to said martgage debt, anJ, no~ less ttian ren (10) days in adva~xe oi the eap~~+~w~ 04 eech pol~cy, ~o d~-
I~ver ?o said MORTG~GEE a renewal thereof, together vvith e receipt for the p:emi~m of such renenal; and th~re fhall be no fire or w:ndsto~m insurant~ ,
placed on any of sa~d buildings, any interest Iherein or pa~t thareof, un:esa in thr Eo~m and with the lass payable as aforesaid; and in Il~e evenl any tum ~
of nwney become~ pavab~e unckr wch policy w pof~cies sa~d MORiGAGEE shall have tl~e opt;on to rcteive and apply Ihe ame on account of the indebted~
nru secured F~raby or ?o pe~rnit sa~d IAORTGAGQRS to re:eive and use i1 a any-part thr+eof lo+ oTne+ FwrEOSes, ~v~tFwut tharcu~ ~~a~~~~~~ o~ nopa~r• ^1
~n9 any equity, lie~ or rlght undr~ or by virtue of Ihis mo-!qage; and in the event said MORTG~IGORS shall fw any reason fail to keep the sa~d p~em~sas.so ~'M
mwred, or fail fo delive~ F~ompdy any o( said poLues of insura~ue to sa:d MORiGAGEE, or faif prompily to pay fu~ly any prem~um therelo~ or in any f•','~
respru (ril ro per(o~m, d~scharge, eaetute, e(Fea, to~~p~a)r, cornply with and ab:de by this tovenant, o~ any part htraof, said MORTGAGEE may place •~d
pay fw such insurance or any part thereof wishow waiving or affecting any op~~ort, Jie~, equay, o~ r~~hf unJe? w by virtue of ~his Matgage, and the
1u:t amoum of each and every such peymem shaf! be im~nediate?y due and payable arxl shall b~ar iNerest from the dale thereof un~ii pa~d at the ra~e ot .
~•~nc per tentum per annuir, and to~rther w~th such in•e~esr shait he se:ured by the l:en of this morlgage.
1. To Fermit, tomm~t or su(fer no waste, impaitment or drterioranon of said properry or sny part thereof.
5. To psy all and singular the costs, charges and expenses, ~nt!ud~ng a rcasonab!e atrorney's Fee and cos?s of abstrads of title, incurred or paid a1
any fime by said MORIGAG:E, because or in the eveM of The fa:~ure on thr pen of ~he sa~d MORTGAGOR to duly, p~ompNy and fu:ly perlorm, d~scharge,
e.ecute, effect, completa, cu~~ply w~th and ab.de by each and every the sup~lanons, agreen~ants, cond~tions, and coveoants o( said promissory note a~d thi~
r.~rtgage any or e+~her, and a~ d costs, charges and expenses, each artd every, shail be i~n~n~d~ately due a~d payable: whether o~ not there be notice de~
n:3nd, attempt to collect or sui~ pend~ng; and ~he fult a~nount of each ar.d every such payment shal! bra. ~nteras~ from tF+e date thereof until paid al 1he
of n~ne per centum F.er ~:~n~.~~, a~~.'. ad saW costs, ct~a:~es ar~d ex~:er.scs iK~rred Ot paid. togelhar a~~th s~ch interest, slwll be setured by the tien of thi~
mor tgage.
6. That (a) in the evenf of any breach of t~is Mwtgage or default o~ tF~e pa~t ef tfie MOR?GAGOR, w(~) in the evenf any of said sums of money
herei~ referred ro be not prompily and !uliy ;x~d ~vnh„i thirty (30) days neai aher the same se~era::y become due and payable, without demand a notice.
er !c) in the event eacn and every the st~pu!anon:, agreements. condit:ans and covenanrs ot sa.d ~oraiswry r.ote and +his mortgage any a either are nof
i~.~'., f:ro~nptly and ful:y perFormed, d sc^~~g-•d, execu~ed, eifected, compteted, cemFi~ed w~~h and ab~drd ~iy, then in e~ther w any svch eveM the sa~d ag
~ate sum menrioned in saEd p~omisso+y ncte ti~en rema;ning v~pa~d, with ir.~rres~ ~cuucd, and a~l moneys sec~~red hereby, shall become due and pay
, ~ a torthwith, or Mereafter, at tf:e o{~f~a~ cl so~d M0~2TGAGEE, as f•~liy a:u! co•npietely as i1 a~l of thr sa~d wms oi money were ong~nally stipulated
re pa:d on such day, snything m ssd Fra•~~sso~y :~ote or in ~his h\ortgaae ro ~h^ co'~s;a•y no~.v~~hstandmg: a~id thereupon w therealter at the option of
> J tAORTGAGEi, v.~iho~~t nor„e o. dr~rand, s.~~~ ar ~aw or in equ:ty, tnere~ure or ~hereafter begun, may be proucuted as if all moneys setured hereby
c.i r~aru~ed pr~o~ to ~ts insntut on.
7. 7ha! ~n tbe evert ~hat e~ rne bry::,n.nq •~i ar at an~ nme per.du,g any sv~t upo~ tl~~s tdo.tgage, o~ to foreclose it, or fo reform it, oi to enforce
,..~:.~nt of any c•:; •ns !~ereund_r, s.,id AIJRTG%-•.>_E sh~:; apNty ro tRr Co:,~t ha~::~3 ,~d.crio~~ ~hereof for the appo~ntment of a Receiver, tuch. Court shall
;.i:h ap~~.o~nt a r~cer.~r of s~~d ~~~~+,7e.i i~;:;-:rty a~~ atid s~•~~~'.er, ir o.3 • y ar~d suigu~ar the income, profas, issves ar.d revenues ~rom whatever
; den,recl, ec.h a•~d e~ery of .vi~.~_1~. r ce~::_y e~:,~rss.y un;i_~s~vc~. ~s ; cr•.~~ n;crtq.,3ed ~s if s{xe~fita:ty set iortA and dexribed in ihe granti~g and
_•-dom navses h.er~•of, aed svc!~ Rcc~_~.u s~:~~~ ~;~.•r a~t ihe br„ad a~:d e:~x•:ve f,.•.c' u:~s a~d pov~ers ~n anywise eMrusted by a Cou~t to a Receiver, and
s;h a~~poin!ment sh;l! hc mad~ by wch Covr as a^ od •~+~trd cq.;:~y .~r•r~ a+tcr ci a! su~~tr rtghf ta said MORTGAGEE, and withcut reference ~o the
~i ~,~caty w inadeqvaty of the va.~e oi tne pror~•rty rr,orrgaged or to :he so ve••.y o~ ^>o.ver:y of sa~d MORiGAGOR or the defendants, and that suth
_~,•s, pro(its, i:ticorne, issues aro1 re.enu~s s:ia:; be apr:~ed by such Recei.er ac~ord.ng ~u rhe Iien or equity of u~d h10RTGAGEE and the practice of such
l.0 v rt.
8. To d~ly, prompt!y a~ FuUy ;:erfo~m, d+scna.ge, executr, effe.t, co~+;:~ete, ce:•~:.ly w~sh and abiJe by each and every the siipuiations, agreemems,
c~dltiens and eoY~•e~a:,:s sa+d promissory ncce and :his ~~~Olig37a srt fo::h.
9. Thar in ihe eve^t fhe o~vnc~sh~p of rhe martyaged prem~ies, o~ a~~ p~rt therref, ~ecomes vested in a person other than the MORTGAGOR, the
:~2?GAGEt, in successurs an:l ass~yns. r.,ar, w:~F~o~~: not~ce to rhe :'.ORiG:.OR, deat w~,h such successw w s~ccessor in interest with rete~ence to this
+~age and the d~bt hcrrb~ s~cured in the same manner as wrth l1.or+.3agor without in any way vit~ating O? d+xharging the MortgagotS liabilify here-
or uF~on the d_•ot !l_reby :ec.~*ed. No sa;e of ihr Fre~r~s~s h~reb~ rr~or!gayrd ar.d nc forbearance on the part of the /dORiGAGEE w its sutcessors
:~s~g~s and n:, rxtens~en ot rhr t~me fvr !h° pty~r~nf of rhe d~~bt hrreby sx~red g~ven by the MORTGAGEE or ~ts successws or assigns, a~tiall operate
ease, d~scharge, rrod~ft cF~.~ge or affect tFe on~:~aai G..u:~:ty of ~hs ~lORiGAGOR he~e~n, tithee. in whole w in part,
10. h is 1: CC~ti:3~i~/ ag.eed t~~af time is of the essence of tl,;s co~fracr and ~hat no waiver of any obG4arion hereunder w of the obligation se-
c_r_d h~reby shali at any tim.e thereatter be he:d lo be a waiv~~r of the Terrns hereof or of the irutrumeM sewred herby.
11. (n _.aci r,~.-, +o r:_~ fo~~-J~ . ,;,;;...."rs of F. ~.3t ~,r,d ~::•eres+ requ~~cd by the prom;sscry no~e secured hereby, mortgagor eovenaros
~;~g•ees fo pay ro ~•~u-•_~~;=c •r. h•, ~m:y enr an :,d;f •~o:-~' w- _.:^.a~ed by moctgjgee to L~e eqval to 1;'12 of the annuat cost of the follow-
, A-A~I real Frup^~ty va. ~s 'e:~e : er ass~~ssc•ci ay.i~ ts' ~he ai.ave de>c~ibed real es~ate.
6- Pr., o,~ f.r_ ar.d vr•-~.dsro~•r insu~arce es re-•-~n .~•q~ red to be cerrtcd or. the ir~~roveme~ts srtuate on t}~e above described premises.
li t-P.r-:~rr's o~ >xh _•~e ~jua~a~~~y ~~~~v:a~.co as n,e•tgagee sf,a1~ 4rorr t.me ro time deem iit to carry on !he loan secured hereby.
E R',ortaagoe s~~~ ~'~o:.~ t::- e ro s~ nce:i, r.-c•ryogor m writ:ng o( the a~,o~~t dve and payable hereunder and such sum shall thereupon be due and
~ .~~:e on fh~ dvr c~_te e# ~exf c:ay•*+e~-r and e~cti wcce:s~ve :~:r:rh ri;ereaftcr ur.tii mertgagee shall not~fy mortgagor of a change in such
~ _n?. Such sums sFa~l be ap;+ied by mor•y,.:e ~c:.a~d the pdymen! of rea' prope~ty taxes, insutance prem:ums, and mottgage guaraMy insurante
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IN ~1iTNESS '~h`HEREOF. the sa~d ORTGAGOR has nere~-+to se! hiz ha~:d and seai the day and year ~irst aforesaid.
~ ed, ale nd liver in t rnsence of: / ~ .
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: :,;E OF iIORIDA ~
SS.
" ;.1NTY Of __~_i_~.~1e_ - ~ .
Before me peraonally appeared ~~X E. Robinson and
Jac4uelyn Robinson his wife, to me well known and known to me 1o bs
,~~nd~vldua!s descr~b.d in a^d v.ho e*ecvted +he foregoing instrument, and azknowtedged before me that they executed the same for the purposes
~~,-r~~n expressed. And the :a~d___-_ Jac<iuelyn Robinson
~`c of the said ~X E. Kobinson _ ~ a seperate and privat~
_~~nat~on by me t3Ken separate and apart iro~n her sa~d husband, ack~ow;edged to a~d before me that she exetuted said instrument freely and volum ~
~ and w:!hovt any ccmp~:sion, cons~ra~n±, appreh ns~or., fear of or fr~m ixr wid husband. !
~ YJIThE55 my ha~~d and offic~al seal th~s _ day of_ `~Une - A. D. 19~4
- ~ i
~ N ary Public in and (w the State of Florida af Large ~
.
Commcssion expires:
Retum To: , ,
r,nt federal Sa.in~s b loan Ass~ci;~.on H~'ary ~cECc, ~t,;e ~-w•; j,~1
Of Fort rte. MY C^MT.. i1J:. Er •
p~tei F -f.1'15;
~ Fort Vi_rCB. FlOfi47 B~' " ° . •
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This Instrument Prepared By J. ~i. Roberts, Jr. . yY~ n:~n;
First Federal Savin gs & Loan Association F1LE0 ANL '~E N T~ fLA.
~ of Fort Pierce loti da 57.1UC!LA~OUj~AS L~ -~i ~1
ROC,i ~ OURT + i. • .
CLE~K ~ ;,:CWT~ -
Checked By ,c~ro:? vE' :r:
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